Public Charity

AIR FORCE ACADEMY FOUNDATION

Based in USAF ACADEMY, CO, AIR FORCE ACADEMY FOUNDATION operates as a Public Charity. The organization reported $35.1M in revenue, $17.3M in expenses, $191.3M in total assets for fiscal year 2025. Imperigo tracks 38 reported grants from this foundation totaling approximately $77.6M.

EIN: 260537053 USAF ACADEMY, CO Private Grantmaking Foundations NTEE: T20 Latest filing: 2025
Total Revenue$35.1M
Total Expenses$17.3M
Total Assets$191.3M
Grants Given38
Grant Total$77.6M
Filing Years2021–2025

Mission

TO BE AN ASSOCIATION AND FOUNDATION OF INFLUENCE AND IMPACT, SUPPORTING THE ACADEMY'S ENDURING MISSION OF DEVELOPING LEADERS OF CHARACTER FOR THE NATION, AND PROVIDING A LIFETIME OF SERVICE TO THE LONG BLUE LINE. (CONT ON SCH O).STRATEGIC PRIORITIES OF: (1) ENGAGEMENT - CULTIVATE LIFELONG RELATIONSHIPS AND PROVIDE VALUED SERVICE TO THE ACADEMY AND OUR GRADUATES.(2) PHILANTHROPY - ENHANCE FINANCIAL STRENGTH AND STABILITY TO ADVANCE THE ACADEMY AND SUSTAIN OUR MISSION.(3) STEWARDSHIP - RESPONSIBLY SEEK AND MANAGE GIFTED TIME, TALENT, TREASURE AND RELATIONSHIPS.(4) COMMUNICATION - TELL THE STORY OF OUR ACADEMY, OUR GRADUATES AND OUR MISSION WITH OUR WORDS AND ACTIONS.(5) ORGANIZATIONAL EXCELLENCE - ALIGN OUR VALUES, OUR CULTURE AND OUR COMMITMENT AS A TEAM TO DRIVE OVERALL EFFECTIVENESS OF OUR MISSION.

Where $100 goes at Air Force Academy Foundation

How Air Force Academy Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$77 Programs the work itself
$9 Management running the organization
$14 Fundraising raising the next dollar

Inside the $77 for programs

$34
Academic support:the Air Force Academy Foundation secures philanthropic support from individuals, foundations and corporations to provide additional funding support to the u.S
44% of program spending
$22
Association & foundation program support:grants are provided annually to the association of graduates (aog) in support of its operations to serve alumni of usafa, known as the long…
28% of program spending
$12
Capital projects and heritage programs:the Air Force Academy Foundation secures philanthropic support to preserve usafa heritage and to construct or enhance facilities on the academy, including memorials and…
16% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to Air Force Academy Foundation

Sometimes funds new orgs 22% of recent recipients were first-time grantees (2023–2025).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

US TREASURY
USAFA, CO · 2025
GENERAL SUPPORT, SEE PART IV
$1,164,919
ASSOCIATION OF GRADUATES
USAFA, CO · 2025
GENERAL SUPPORT, SEE PART IV
$507,034
AIR FORCE ACADEMY ATHLETIC ASSOCIATION
USAFA, CO · 2025
GENERAL SUPPORT, SEE PART IV
$496,004
ACADEMY RESEARCH AND DEVELOPMENT INSTITUTE
COLORADO SPRINGS, CO · 2025
GENERAL SUPPORT, SEE PART IV
$279,114
AIR FORCE ACADEMY REAL ESTATE TRUST
USAFA, CO · 2025
LOAN FORGIVENESS
$132,440

Showing up to 5 of 38 total records — full history available with membership.

Officers & Directors

BOARD OF DIRECTOR Alexander F Granados
CHAIR Alex P Gilbert
MEMBER AT LARGE (TO 10/25) April Sullivan Fitzgerald
EMERITUS DIRECTOR Bart Holaday
BOARD OF DIRECTOR (FROM 01/25) Benjamin A Moe
BOARD OF DIRECTOR Bradley C Hosmer

Officer compensation and complete director data available with membership.

Top Grant Purposes

Sports & Recreation
$7,036,702 3 grants
Education
$6,796,288 3 grants
General Support
$4,309,466 11 grants
Unspecified
$59,498,908 20 grants

Financial Trends

Year Revenue Expenses Assets
2025 $35.1M $17.3M $191.3M
2024 $45.0M $40.9M $169.5M
2023 $40.9M $28.4M $156.5M
2022 $39.1M $16.3M $128.6M
2021 $31.2M $15.8M $121.9M

Between 2021 and 2025, reported annual revenue grew from $31.2M to $35.1M (+13%), with total assets most recently reported at $191.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CO.

CO

Full geographic grant map with state-by-state breakdown available with membership.

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See the full picture for AIR FORCE ACADEMY FOUNDATION

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